Analysts remarked that the slight recovery towards the tail end
of the day may be down to denial of a Grexit.

"After that exceptionally heavy bout of selling in the first few
minutes of trade this morning, London equities appear to have
found a degree of stability," said Tony Cross, Market Analyst at
Trustnet Direct.

"It’s as if, despite the rhetoric, the market simply doesn’t want
to buy into the idea of a full blown Grexit, although to an
extent it’s difficult not to see this approach as clutching at
straws."

While investors may be reluctant to consider a full-on Grexit,
its not clear how the markets may react tomorrow. Tsipras is said
to be addressing the nation at 7 p.m. GMT (2 p.m. ET) today and
what he says could have a huge impact on trading tomorrow.